GRABITY

GRABITY

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Created using Figma

Last Update

Feb 21, 2019

The Orbits Network is Grabity`s decentralized main net that draw a truly distributed P2P network by utilizing all wired/wirelessly connected idle computer resources. Transactions from Orbits Network are managed efficiently through using Genesis Hoisting technology, which can process transactions simultaneously and quickly. In addition, Smart Contract and resource files can be stored in separate portions into each by using the distributed storage technology and Defrag Function technology that can recall each part and execute in a streaming format.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • BW.com
    GBT/BTC 5 hours ago
    $ 0.0011
    $ 1.61
    -
    -
  • BW.com
    GBT/USDT one day ago
    $ 0.0010
    -
    -
    -
  • Newdex
    GBT/EOS 2 months ago
    $ 0.0002
    $ 21.26
    -2.64%
    4.11%
  • Newdex
    GBT/BOS 2 months ago
    $
    -
    -
    -
  • Chaince
    GBT/EOS 2 months ago
    $ 0.0007
    -
    -
    -
  • IDCM
    GBT/BTC 3 months ago
    -
    -
    -
    -
Public-Sale
Apr 19, 2019
May 30, 2019
100% completed
Raised funds - no Data
past
Pre-Sale
Feb 22, 2019
Apr 19, 2019
100% completed
Raised funds - no Data
Hard cap 15 000 000.00 USD
past
Token Details
Ticker
GBT
Total supply
10,000,000,000 GBT
Token Distribution
Token sale: 70%
Partner & Advisor: 5%
Team: 15%
Marketing: 10%
Accepted Currencies
ETH
Company Details
Registered Country
South Korea
Company Founded
Aug 1, 2018
Bonus Structure
Pre-sale : 2019.02.22 ~ 2019.04.18
Bonus: 10%
Minimum: 1ETH

Public-sale: 2019.04.19 ~ 2019.05.30
Bonus: 0%
Minimum: none
Additional Details
Platform
ERC-20
KYC
Yes
Categories
Platform

About GRABITY

Anyone can share computer resources through already-possessed idle devices such as smartphones, tablets or PCS, and will be able to contribute in building public Blockchain and transform the Internet paradigm from a centralized system to a distributed network.

Grabity is a public Blockchain project, for the transformation of the Internet paradigm from centralized network to a distributed network. Current hardware performance has improved dramatically, even enough for smartphones to have better performance than previous servers. However, it does not use 100% of storage space or computing power. Anyone can share computer resources through already-possessed idle devices such as smartphones, tablets, and PCs, and users can receive rewards as much as they provide resources, and DApp developers can use the shared computer resources to operate services at a lower cost. When the Grabity project reaches the commercialization stage, anyone will be able to make the use of distributed nodes to switch the Internet paradigm.

Features

Blockchain Development

Through the SDK and Toolkit provided by Grabity, developers can easily apply Blockchain and tokenize to existing applications, benefit from global expansion of services, expansion of users, and cost savings.

User's participation and benefits

Without any purchase of expensive mining equipment, anyone can easily become a node to provide computer resources and receive rewards with just a click to their smartphones, PCs, and DApps.


Innovative Blockchain Platform to address speed and capacity problems.

The limitations of speed and the constant increase in the size of ledger of current public Blockchain is not fast enough to be used in reality, which result in reduction of node participation and increase in network cost due to the escalating size of the capacity, thus solving the problem through Genesis Hoisting and Orbital Consensus.

Through the SDK and Toolkit provided by Grabity, developers can easily apply Blockchain and tokenize to existing applications, benefit from global expansion of services, expansion of users, and cost savings.

User's participation and benefits

Without any purchase of expensive mining equipment, anyone can easily become a node to provide computer resources and receive rewards with just a click to their smartphones, PCs, and DApps.


Innovative Blockchain platform to address speed and capacity problems

The limitations of speed and the constant increase in the size of ledger of current public Blockchain is not fast enough to be used in reality, which result in reduction ofnodeparticipationandincreaseinnetworkcostduetothe escalating size of the capacity, thus solving the problem through Genesis Hoisting and Orbital Consensus.

 

Technical Info

 
Simultaneous Transaction

The sequential transaction-processing structure has limitations in the processing speed that cause problems in scalability. The fundamental way to address scalability issue is to handle simultaneous transactions. The simultaneous transaction processing is to be implemented on the Orbits Network and is in a producer-structure in which a node becomes the transaction generating, processing and verifying user. This solves the problem of scalability because the number of nodes that process and verify transaction also increases as the number of transactions increases, unlike the existing methods in which the network is overloaded as the number of transactions increases. The simultaneous transaction processing structure overcomes the need to collect and process transactions, creating a single block at the same time as generating a transaction and storing it in each node, that is responsible for processing including itself when the block is validated.

Genesis Hoisting

As the current Blockchain structure grows over time, the size of the distributed storage accumulated in each node increases equally, thus reducing the efficiency of the entire network and reducing node scalability. However, it is essential that many nodes participate freely in order to commercialize the Blockchain. Genesis Hoisting was devised for this purpose. Genesis Hoisting is a technology that sets up the distributed ledger and transfer all blocks to the super node when the storage space of the devices of each node reaches a certain amount. The term Genesis Hoisting is used to refer to the process of overwriting file after the calculation of providing a block index number that is one higher than the existing block in the process of overwriting the file after calculation.

Distributed Storage

Current DApps store database in the Blockchain and the source files are stored on a central server. Due to the fundamental limitations of the Blockchain technology and communication technology, it operates in a hybrid structure. This structure can be protected through Blockchain to some extent but is still at a vulnerable state, but when the central server becomes disabled, the whole system will collapse. A truly distributed application should allow source files to operate and store in distribution. However, an efficient storage system and processing system is needed in managing the source files in the Blockchain because the capacity increases exponentially. Unlike the existing structure in which functions are stored in the entire memory and reading the contents of a particular function, the program source on the Orbits Network have their functions hashed and stored in basic units.


Defrag Function

Defrag Function is a technology that can recall distributed DApp source files in real-time streaming format. The distributed storage of the functions, that comprise the program source and the basic unit, prevent modulation by comparing the hash values of the functions with other nodes. Because Defrag function does not need to save all the original source files, it does not need to save functions that are not used or used infrequently, thus reducing the burden on storage space and keeping the network efficient.

GRABITY Roadmap

  • 2018 Q1 Grabity Founded

  • Grabity planned by the founders of Jangwon Lim, Junho Lee, Eddie Park. Started recruiting those people whom we found most suitable in contributing to the project.
  • 2018 Q2 Whitepaper v0.5

  • Grabity's first whitepaper draft written and published.
  • 2018 Q2 Planet Wallet

  • The start of Planet Wallet development.
  • 2018 Q3 Whitepaper v1.0

  • Grabity's whitepaper v1.0 published.
  • Read More
  • 2018 Q4 BlockBattle

  • Winning World's First Blockchain Survival Tv Program, BlockBattle
  • 2018 Q4 Smart Contract

  • Smart Contract deploy
  • 2019 Q1 Smart contract Deploy

  • Smart contract Deploy
  • 2019 Q1 ERC20 based Token issue

  • ERC20 based Token issue
  • 2019 Q1 Grabity Pre-Sale

  • Grabity Pre-Sale at Bitsonic
  • 2019 Q2 Grabity Public-Sale

  • Grabity Public-Sale
  • 2019 Q2 Listing exchange

  • Listing exchange
  • 2019 Q3 Planet Wallet Launching

  • Planet Wallet Launching
  • 2019 Q3 Network Layer Development

  • Orbits Network Layer Development
  • 2019 Q4 Data Layer Development

  • Orbits Network Data Layer Development
  • 2020 Q1 Consensus Layer Development

  • Consensus Layer Development
  • 2020 Q2 Application Layer Development

  • Application Layer Development
  • 2020 Q2 Toolkit & SDK Development

  • Toolkit & SDK Development
  • 2020 Q2 Block Explorer Launching

  • Block Explorer Launching
  • 2020 Q3 Testnet Launching

  • Testnet Launching
  • 2020 Q4 Mainnet Launching

  • Mainnet Launching
  • 2021 Q1 DApp Store Launching

  • DApp Store Launching

Activity

Followers:
501
LOW
Tweets:
71
LOW
Fake Users Detected:
2.04%
30 Days Growth:
5

GRABITY Team

Verified 78%

Attention. There is a risk that unverified members are not actually members of the team

Jangwon Lim
Founder & CEO
verified
Junho Lee
Co-Founder & COO
verified
Eddie Bak
Co-Founder & CTO
verified
Jacob Park
Develop Lead
verified
Keunyeong Yun
Software Engineer
verified
Dona Kang
Design Lead
verified
Jack Lee
Chinese Marketing Manager
verified
JeongHyun Choi
Android Developer
unverified
Kyusong Moon
iOS Developer
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Duksoo Kim
Advisor
unverified
Minwoo Nam
Advisor
unverified
Junwoo Kang
Advisor
unverified
Sunghyun Moon
Advisor
unverified
Leon Kim
Advisor
unverified

Former members

Se-il Jeong
Software Engineer

GRABITY Interviews

Jangwon Lim
As a team member, сan you tell us about your role in the ICO project?
Founder of Grabity, New Paradigm of Internet. My role is to build a playground where people can play well.
What do you think about idea?
Grabity will provide a SDK that is easy to make a DApp and this will invite conventional organizations to the blockchain world.
Junho Lee
As a team member, сan you tell us about your role in the ICO project?
As a Co-founder & COO of the company, I am supporting overall areas such as accounting, operation, contract, employment, and planning.
What do you think about idea?
When the Internet first appeared in the world, people did not think that it would be as natural as it is today, and they could not predict whether there would be so many businesses using the Internet.
I think that because of our project people will use it very naturally and think about a lot of businesses.
And I will make sure.
Eddie Bak
As a team member, сan you tell us about your role in the ICO project?
Co-Founder & CTO
blockchain research and development.
It is my role to add new, meaningful or interesting ideas.
What do you think about idea?
I think this is the right direction for blockchain technology to become common. We also believe that we have the ability to solve existing problems.
Johny Hoeun Jeon
As a team member, сan you tell us about your role in the ICO project?
I'm in charge of marketing at Grabity.
By planning and implementing marketing strategies, I inform people about Grabity Project.
What do you think about idea?
We believe that the Grabity project can overcome the limitations of blockchain technology and be commercialized by increasing usability.
Jacob Park
As a team member, сan you tell us about your role in the ICO project?
i'm develop lead in grabity.
So I'm the head of the project development team.
I plan to develop my mobile development career and wireless communication technology.
What do you think about idea?
i think this project is be nice idea. This project is a win-win idea of utilizing all the device idle resources
Sam Lee
As a team member, сan you tell us about your role in the ICO project?
My role in this project is CSO. I am involved with the sales and strategic management of our project
What do you think about idea?
Grabity brings the next evolutiin of decentralized main net that draw a truly distributed P2P network by utilizing all wired/wirelessly connected idle computer resources.
Keunyeong Yun
As a team member, сan you tell us about your role in the ICO project?
I'm Grabity Web FrontEnd and softwareEnginner
I have Vue.js, HTML, CSS, React and JaveScript Technology
What do you think about idea?
Grabity have a best of best idea.
I believe Grabity members.
They are passion, Challenging and Progressive
Dona Kang
As a team member, сan you tell us about your role in the ICO project?
I'm in charge of designing at Grabity. I think design is the first step in connecting the user with the graffiti. That's why we're constantly agonizing over whether or not the projects in Grabity can be used well by users and how to design them. We're trying to incorporate it into the design, listening to the research and ideas of the user and the opinions of the Grabity team members. I think the Grabity project is about building with users, not just with the Grabity. We're also looking at ways to get strategic access to beta services in the future.
We're not just designing, we're trying to work with the team in a Grabity Blockchain project.
What do you think about idea?
I want to successfully finish the Grabity ICO project with my team members. The ecosystem that Grabity creates will create an environment where creators can create for rewards.
Jack Lee
As a team member, сan you tell us about your role in the ICO project?
I'm Chinese marketing manager in Grabity.Blockchain will have great potential in the Chinese market.
What do you think about idea?
This is an amazing project with an awesome team behind it! I think good ideas can make our life better than before.
Se-il Jeong
As a team member, сan you tell us about your role in the ICO project?
I am a member of the Gravity Development team and are responsible for developing the Web front end and the back end.
What do you think about idea?
Good ideas make a wonderful world. The Grabity team tries to make a good idea for a wonderful world.
Kwon Son
As a team member, сan you tell us about your role in the ICO project?
I am a community manager in the Grabity team.
The community manager is communicating with everyone who supports us through all the social networks in real time as it is easier and more precise to communicate the projects made by the team called Grabity to others,
Furthermore, we participate in various conferences and meetings, meet new people, deliver projects to us, and build good relationships with them.
What do you think about idea?
A company that makes more thought and effort to create a new Internet age by using blockchain.
I hope that the blockchain develops to create a better world and a good relationship with each other.
Joon Jung
As a team member, сan you tell us about your role in the ICO project?
I’m Spanish marketing lead in Grabity. The Blockchain is so multicultural that I think Spanish is needed.
What do you think about idea?
I think the Grabity Project has a new idea to change the ideology and paradigm in the current blockchain. I think that the diversity of the company's internal language can form a larger community.

GRABITY Last News

$ 0.0011
13.68%
Coin Stats
Daily, %:
13.68%
Weekly, %:
Monthly, %:
-28.28%
Market Info
Market Cap:
Volume 24h:
$ 1.61
Circ. Supply:
0 GBT
Ticker:
GBT
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